Quotation Summary

LeasePlan Quotation
Client Name
Employee Name
Vehicle Model/Variant

GST% on vehicle 48%

Green Cess (Vehicle > 2000 CC, Delhi NCR only) Yes
Ex-Showroom Price 2,619,398
Road Tax 526,318
Insurance : 1st Year
OEM / Dealer Discount (if any)
Accessories (Optional)
GST 28%
GST 18%
TCS 26,194

Tenure in Months 48
Mileage 0
ROI (%) 10.60%
Residual Value % 30%
Base LR (Excluding GST) 54,273
GST 19,967
Total LR (Including GST) 74,240

* Price & Taxes are subject to change

** Indicative quote calculator, for actual quotes please visit salaryplan.co.in and create a
quote
*** GST reverse charge will be applied on FC & Termination on or before 36 months
 Savings with Lease
Car Loan (Bank) Car Lease (SalaryPlan)
Car Cost (Funding Value) 3,171,910 Lease Rent 74,240
ROI (%) 9.50% Outflow 3,563,510
EMI 79,062 IT Saving (assumed) @30% 1,069,053
Maintenance & Fuel Outflow Post Tax Saving 2,494,457
Total Outflow (INR) 3,794,996 RV 530,959
GST on RV*** 254,860
Total Outflow (INR) 3,280,276

SAVINGS (INR) 514,720

# Opportunity to avail additional policy benefits e.g Tax saving on Fuel & Chauffer Salary
 QUOTATION - Break Up

EMI Type Arrear Input

Ex-showroom price 2,619,398 Discount -

CGST 14.00% Base Discount -
SGST 14.00%
Cess 20.00% EMI Vehicle
Base Price 1,769,864 GST on Vehicle EMI
Road Tax Registration 526,318 Road Tax, Insurance
Insurance 1st Year - Management Fee
Net Financed Amt 1,769,864 GST on FMS

Tenure 48 RV would Interest on out standing GST (FBC)

vary
depending
RV 30.00% on model FBC on TCS
Residual Value pre GST 530,959 and tenure GST on RT & Insurance Interest
Interest Rate 10.60% Total
Finance EMI vehicle 36,470
Interest rate

Vehicle Calculation
No. of
EMI Net Inv Fin Charge Annual Charge Book Value
months
1 36,470 1,733,393 15634 20,836 1,749,027
2 36,470 1,712,557 15450 21,020 1,728,007
3 36,470 1,691,537 15264 21,206 1,706,801
4 36,470 1,670,331 15077 21,393 1,685,407
5 36,470 1,648,937 14888 21,582 1,663,825
6 36,470 1,627,355 14697 21,773 1,642,052
7 36,470 1,605,582 14505 21,965 1,620,087
8 36,470 1,583,616 14311 22,159 1,597,927
9 36,470 1,561,457 14115 22,355 1,575,572
10 36,470 1,539,102 13918 22,553 1,553,019
11 36,470 1,516,549 13718 22,752 1,530,268
12 36,470 1,493,797 13517 22,953 1,507,315
13 36,470 1,470,845 13315 23,156 1,484,159
14 36,470 1,447,689 13110 23,360 1,460,799
15 36,470 1,424,329 12904 23,566 1,437,233
16 36,470 1,400,763 12696 23,775 1,413,458
17 36,470 1,376,988 12486 23,985 1,389,474
18 36,470 1,353,003 12274 24,196 1,365,277
19 36,470 1,328,807 12060 24,410 1,340,867
20 36,470 1,304,397 11844 24,626 1,316,241
21 36,470 1,279,771 11627 24,843 1,291,398
22 36,470 1,254,928 11407 25,063 1,266,335
23 36,470 1,229,865 11186 25,284 1,241,051
24 36,470 1,204,581 10963 25,508 1,215,543
25 36,470 1,179,073 10737 25,733 1,189,810
26 36,470 1,153,340 10510 25,960 1,163,850
27 36,470 1,127,380 10281 26,189 1,137,661
28 36,470 1,101,191 10049 26,421 1,111,240
29 36,470 1,074,770 9816 26,654 1,084,586
30 36,470 1,048,116 9581 26,890 1,057,696
31 36,470 1,021,226 9343 27,127 1,030,569
32 36,470 994,099 9103 27,367 1,003,202
33 36,470 966,732 8862 27,609 975,594
34 36,470 939,124 8618 27,852 947,741
35 36,470 911,271 8372 28,098 919,643
36 36,470 883,173 8124 28,347 891,296
37 36,470 854,826 7873 28,597 862,699
38 36,470 826,229 7621 28,850 833,850
39 36,470 797,379 7366 29,104 804,745
40 36,470 768,275 7109 29,362 775,384
41 36,470 738,913 6849 29,621 745,763
42 36,470 709,292 6588 29,883 715,880
43 36,470 679,410 6324 30,147 685,734
44 36,470 649,263 6057 30,413 655,321
45 36,470 618,851 5789 30,681 624,639
46 36,470 588,169 5518 30,952 593,687
47 36,470 557,217 5244 31,226 562,461
48 36,470 525,991 4968 31,502 530,959
49 0 0 0 0 0
50 0 0 0 0 0
51 0 0 0 0 0
52 0 0 0 0 0
53 0 0 0 0 0
54 0 0 0 0 0
55 0 0 0 0 0
56 0 0 0 0 0
57 0 0 0 0 0
58 0 0 0 0 0
59 0 0 0 0 0
60 0 0 0 0 0
 LEASEPLAN TEAM INPUT FIELDS SAVINGS CALCULA

0.0048 0.48 1.48 Car Loan (Bank)

Ex Showroom 2,619,398 On Road Price 3171909.98
Yes Road Tax 526,318 Bank Loan IRR 9.50%

Insurance - Bank loan EMI 79062

GST on Total Outflow

Accessories@ 28% - 3794996
Discount Bank loan
- Accessories@18% -
Discount -
36,470 Green Cess @ 1% -
19,474 TCS @ 1% 26,194
13,501 On Road Price 3,171,910
Management
200 fee per GST Rate including cess 48.00%
36 month Interest Rate 10.60% * GST reverse charge will be applied on FC

3870 Management Fees 200

231
456
74,240

Road Tax, Reg, calculation

GST EMI Net Inv Fin Charge Annual Charge Book Value EMI
17,506 13,501 512,817 4649 8,852 517,466 0
17,506 13,501 503,965 4571 8,930 508,536 0
17,506 13,501 495,035 4492 9,009 499,527 0
17,506 13,501 486,026 4412 9,088 490,439 0
17,506 13,501 476,938 4332 9,169 481,270 0
17,506 13,501 467,769 4251 9,250 472,020 0
17,506 13,501 458,519 4170 9,331 462,689 0
17,506 13,501 449,188 4087 9,414 453,275 0
17,506 13,501 439,774 4004 9,497 443,778 0
17,506 13,501 430,277 3920 9,581 434,197 0
17,506 13,501 420,696 3835 9,666 424,532 0
17,506 13,501 411,031 3750 9,751 414,781 0
17,506 13,501 401,280 3664 9,837 404,944 0
17,506 13,501 391,443 3577 9,924 395,020 0
17,506 13,501 381,519 3489 10,012 385,008 0
17,506 13,501 371,507 3401 10,100 374,908 0
17,506 13,501 361,407 3312 10,189 364,719 0
17,506 13,501 351,218 3222 10,279 354,439 0
17,506 13,501 340,939 3131 10,370 344,069 0
17,506 13,501 330,568 3039 10,462 333,608 0
17,506 13,501 320,107 2947 10,554 323,054 0
17,506 13,501 309,553 2854 10,647 312,406 0
17,506 13,501 298,905 2760 10,741 301,665 0
17,506 13,501 288,164 2665 10,836 290,829 0
17,506 13,501 277,328 2569 10,932 279,897 0
17,506 13,501 266,396 2472 11,029 268,868 0
17,506 13,501 255,367 2375 11,126 257,742 0
17,506 13,501 244,241 2277 11,224 246,518 0
17,506 13,501 233,017 2178 11,323 235,195 0
17,506 13,501 221,694 2078 11,423 223,771 0
17,506 13,501 210,270 1977 11,524 212,247 0
17,506 13,501 198,746 1875 11,626 200,621 0
17,506 13,501 187,120 1772 11,729 188,892 0
17,506 13,501 175,391 1669 11,832 177,060 0
17,506 13,501 163,559 1564 11,937 165,123 0
17,506 13,501 151,622 1459 12,042 153,080 0
17,506 13,501 139,579 1352 12,149 140,932 0
17,506 13,501 127,431 1245 12,256 128,676 0
17,506 13,501 115,175 1137 12,364 116,311 0
17,506 13,501 102,810 1027 12,474 103,838 0
17,506 13,501 90,337 917 12,584 91,254 0
17,506 13,501 77,753 806 12,695 78,559 0
17,506 13,501 65,058 694 12,807 65,752 0
17,506 13,501 52,251 581 12,920 52,832 0
17,506 13,501 39,331 467 13,034 39,798 0
17,506 13,501 26,297 352 13,149 26,648 0
17,506 13,501 13,147 235 13,266 13,383 0
17,506 13,501 (118) 118 13,383 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
2536
GS CALCULATION

Car Lease (SalaryPlan)

Lease rent car lease 74,240
Total outflow 3,563,510
Fuel/Chauffer/
Change as per
actuals
Insurance/Maintenance 0
Reimbursements (Assumed Value)

Reimbursement Value 0
(Entire Term)
Tax Savings @30% 1,069,053
Outflow net of Tax
2,494,457
savings
RV 530,959
GST on RV 254,860
Total Outflow 3,280,276
Savings 514,720
applied on FC & Termination on or before 36 months

Insurance calculation GST Calculation

OBV Without GST
Net Inv Fin Charge Annual Charge Book Value Gst On Vehicle
0 0 0 0 2,266,493 839,533
0 0 0 0 2,236,543 829,443
0 0 0 0 2,206,328 819,264
0 0 0 0 2,175,846 808,995
0 0 0 0 2,145,095 798,636
0 0 0 0 2,114,072 788,185
0 0 0 0 2,082,775 777,642
0 0 0 0 2,051,202 767,005
0 0 0 0 2,019,350 756,275
0 0 0 0 1,987,217 745,449
0 0 0 0 1,954,799 734,528
0 0 0 0 1,922,095 723,511
0 0 0 0 1,889,103 712,396
0 0 0 0 1,855,819 701,184
0 0 0 0 1,822,241 689,872
0 0 0 0 1,788,366 678,460
0 0 0 0 1,754,192 666,947
0 0 0 0 1,719,717 655,333
0 0 0 0 1,684,936 643,616
0 0 0 0 1,649,849 631,796
0 0 0 0 1,614,451 619,871
0 0 0 0 1,578,741 607,841
0 0 0 0 1,542,716 595,704
0 0 0 0 1,506,372 583,461
0 0 0 0 1,469,707 571,109
0 0 0 0 1,432,719 558,648
0 0 0 0 1,395,403 546,077
0 0 0 0 1,357,758 533,395
0 0 0 0 1,319,780 520,601
0 0 0 0 1,281,467 507,694
0 0 0 0 1,242,816 494,673
0 0 0 0 1,203,823 481,537
0 0 0 0 1,164,486 468,285
0 0 0 0 1,124,801 454,916
0 0 0 0 1,084,766 441,429
0 0 0 0 1,044,377 427,822
0 0 0 0 1,003,631 414,096
0 0 0 0 962,525 400,248
0 0 0 0 921,056 386,278
0 0 0 0 879,221 372,184
0 0 0 0 837,017 357,966
0 0 0 0 794,439 343,622
0 0 0 0 751,486 329,152
0 0 0 0 708,153 314,554
0 0 0 0 664,437 299,827
0 0 0 0 620,335 284,970
0 0 0 0 575,844 269,981
0 0 0 0 530,959 254,860
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0
Input credit- 849534

GST Calculation
Total OBV with Tax
Gst Reversal Impact Input reversal
807057.762162162
0 807,058 3,106,026
0 807,058 3,065,986
0 807,058 3,025,592
0 764,581 2,984,842
0 764,581 2,943,731
0 764,581 2,902,257
0 722,104 2,860,417
0 722,104 2,818,207
0 722,104 2,775,625
0 679,628 2,732,666
0 679,628 2,689,328
0 679,628 2,645,607
0 637,151 2,601,499
0 637,151 2,557,003
0 637,151 2,512,113
0 594,674 2,466,826
0 594,674 2,421,140
0 594,674 2,375,050
0 552,197 2,328,553
0 552,197 2,281,645
0 552,197 2,234,322
0 509,721 2,186,582
0 509,721 2,138,420
0 509,721 2,089,833
0 467,244 2,040,816
0 467,244 1,991,367
0 467,244 1,941,480
0 424,767 1,891,153
0 424,767 1,840,382
0 424,767 1,789,162
0 382,291 1,737,489
0 382,291 1,685,360
0 382,291 1,632,771
0 339,814 1,579,717
0 339,814 1,526,194
0 339,814 1,472,199
0 297,337 1,417,726
0 297,337 1,362,773
0 297,337 1,307,334
0 254,860 1,251,405
0 254,860 1,194,983
0 254,860 1,138,062
0 212,384 1,080,638
0 212,384 1,022,707
0 212,384 964,264
0 169,907 905,305
0 169,907 845,825
0 169,907 785,819
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
FBC (Fund Blockage Charge) is an interest on the GST input credit provided by LP. As per the calculation the financin
so LP gives an upfront credit of GST amount to the Client however the recovery of the GST is done on a monthly basis
lease period. We levy a charge equivalent to the interest earning applicable on the GST amount.
Base Price Ex-showroom GST Credit Dev%
Principle 1769864 2619398 849534
Intt. Rate 10.60%
No. period 48
RV 530959
EMI 36,470
Annuity
Sl. No Net Investment EMI Intt Dep BV
1 1,733,393 36,470 15,312 21,159 1,748,705
2 1,712,235 36,470 15,125 21,345 1,727,360
3 1,690,889 36,470 14,936 21,534 1,705,826
4 1,669,356 36,470 14,746 21,724 1,684,101
5 1,647,631 36,470 14,554 21,916 1,662,185
6 1,625,715 36,470 14,360 22,110 1,640,076
7 1,603,606 36,470 14,165 22,305 1,617,771
8 1,581,301 36,470 13,968 22,502 1,595,269
9 1,558,799 36,470 13,769 22,701 1,572,568
10 1,536,098 36,470 13,569 22,901 1,549,667
11 1,513,197 36,470 13,367 23,104 1,526,563
12 1,490,093 36,470 13,162 23,308 1,503,256
13 1,466,785 36,470 12,957 23,514 1,479,742
14 1,443,272 36,470 12,749 23,721 1,456,021
15 1,419,551 36,470 12,539 23,931 1,432,090
16 1,395,620 36,470 12,328 24,142 1,407,948
17 1,371,478 36,470 12,115 24,355 1,383,592
18 1,347,122 36,470 11,900 24,571 1,359,022
19 1,322,552 36,470 11,683 24,788 1,334,234
20 1,297,764 36,470 11,464 25,007 1,309,228
21 1,272,757 36,470 11,243 25,227 1,284,000
22 1,247,530 36,470 11,020 25,450 1,258,550
23 1,222,080 36,470 10,795 25,675 1,232,875
24 1,196,405 36,470 10,568 25,902 1,206,973
25 1,170,503 36,470 10,339 26,131 1,180,842
26 1,144,372 36,470 10,109 26,362 1,154,481
27 1,118,011 36,470 9,876 26,594 1,127,886
28 1,091,416 36,470 9,641 26,829 1,101,057
29 1,064,587 36,470 9,404 27,066 1,073,991
30 1,037,521 36,470 9,165 27,305 1,046,685
31 1,010,215 36,470 8,924 27,547 1,019,139
32 982,669 36,470 8,680 27,790 991,349
33 954,879 36,470 8,435 28,035 963,313
34 926,843 36,470 8,187 28,283 935,030
35 898,560 36,470 7,937 28,533 906,498
36 870,027 36,470 7,685 28,785 877,713
37 841,242 36,470 7,431 29,039 848,673
38 812,203 36,470 7,174 29,296 819,378
39 782,908 36,470 6,916 29,554 789,823
40 753,353 36,470 6,655 29,816 760,008
41 723,538 36,470 6,391 30,079 729,929
42 693,459 36,470 6,126 30,345 699,584
43 663,114 36,470 5,858 30,613 668,972
44 632,502 36,470 5,587 30,883 638,089
45 601,618 36,470 5,314 31,156 606,933
46 570,463 36,470 5,039 31,431 575,502
47 539,032 36,470 4,761 31,709 543,793
48 507,323 36,470 4,481 31,989 511,804
49 0 0 - - 0
50 0 0 - - 0
51 0 0 - - 0
52 0 0 - - 0
53 0 0 - - 0
54 0 0 - - 0
55 0 0 - - 0
56 0 0 - - 0
57 0 0 - - 0
58 0 0 - - 0
59 0 0 - - 0
60 0 0 - - 0
492,508 1,258,059 56,248,092
 calculation the financing emi is calculated on the base price of the car (ex- showroom - GST) by doing
done on a monthly basis, this leads to significant blockage of interest bearing funds for LP during the
nt.

FBC
GST GST Cr GST Interest Interest EMI GST Total
17,506 849,534 7,504 3,870 1,858 59,704
17,506 832,029 7,350 3,870 1,858 59,704
17,506 814,523 7,195 3,870 1,858 59,704
17,506 797,017 7,040 3,870 1,858 59,704
17,506 779,512 6,886 3,870 1,858 59,704
17,506 762,006 6,731 3,870 1,858 59,704
17,506 744,500 6,576 3,870 1,858 59,704
17,506 726,995 6,422 3,870 1,858 59,704
17,506 709,489 6,267 3,870 1,858 59,704
17,506 691,983 6,113 3,870 1,858 59,704
17,506 674,478 5,958 3,870 1,858 59,704
17,506 656,972 5,803 3,870 1,858 59,704
17,506 639,466 5,649 3,870 1,858 59,704
17,506 621,961 5,494 3,870 1,858 59,704
17,506 604,455 5,339 3,870 1,858 59,704
17,506 586,949 5,185 3,870 1,858 59,704
17,506 569,444 5,030 3,870 1,858 59,704
17,506 551,938 4,875 3,870 1,858 59,704
17,506 534,432 4,721 3,870 1,858 59,704
17,506 516,927 4,566 3,870 1,858 59,704
17,506 499,421 4,412 3,870 1,858 59,704
17,506 481,915 4,257 3,870 1,858 59,704
17,506 464,410 4,102 3,870 1,858 59,704
17,506 446,904 3,948 3,870 1,858 59,704
17,506 429,398 3,793 3,870 1,858 59,704
17,506 411,893 3,638 3,870 1,858 59,704
17,506 394,387 3,484 3,870 1,858 59,704
17,506 376,881 3,329 3,870 1,858 59,704
17,506 359,376 3,174 3,870 1,858 59,704
17,506 341,870 3,020 3,870 1,858 59,704
17,506 324,364 2,865 3,870 1,858 59,704
17,506 306,859 2,711 3,870 1,858 59,704
17,506 289,353 2,556 3,870 1,858 59,704
17,506 271,847 2,401 3,870 1,858 59,704
17,506 254,342 2,247 3,870 1,858 59,704
17,506 236,836 2,092 3,870 1,858 59,704
17,506 219,330 1,937 3,870 1,858 59,704
17,506 201,825 1,783 3,870 1,858 59,704
17,506 184,319 1,628 3,870 1,858 59,704
17,506 166,813 1,474 3,870 1,858 59,704
17,506 149,308 1,319 3,870 1,858 59,704
17,506 131,802 1,164 3,870 1,858 59,704
17,506 114,296 1,010 3,870 1,858 59,704
17,506 96,791 855 3,870 1,858 59,704
17,506 79,285 700 3,870 1,858 59,704
17,506 61,779 546 3,870 1,858 59,704
17,506 44,274 391 3,870 1,858 59,704
17,506 26,768 236 3,870 1,858 59,704
0 0 0 0 0 -
0 0 0 0 0 -
0 0 0 0 0 -
0 0 0 0 0 -
0 0 0 0 0 -
0 0 0 0 0 -
0 0 0 0 0 -
0 0 0 0 0 -
0 0 0 0 0 -
0 0 0 0 0 -
0 0 0 0 0 -
0 0 0 0 0 -
185,776
3,870